“This acquisition is a major step forward to accelerate our international expansion.

“It will further strengthen our position in Europe and boost our presence in key markets such as the US & Japan. With Cutty Sark, we consolidate our position in Scotch whisky, entering in the world’s top five groups.”

Ian Curle, chief executive at Macallan and The Famous Grouse supplier Edrington, added: “Cutty Sark is a great Scotch Whisky and has been a worldwide whisky icon for the last 90 years.

“We are pleased to be transferring the brand to La Martiniquaise and know that it will thrive under their ownership. We wish them all the very best for the future with this great brand.”